Bybit Lists ASMLUSDT Perpetual Contract with Up to 25x Leverage

Bybit has officially listed the ASMLUSDT perpetual contract, giving traders leveraged exposure to ASML Holding NV—a leading semiconductor equipment manufacturer—through a tokenized derivatives product. With up to 25x leverage, this listing bridges traditional equity exposure with crypto-native trading mechanics.

ASML Holding NV (ASML) is a Dutch multinational that dominates the photolithography market, producing the advanced machines required for chip manufacturing. The tokenized version (ASML) tracks the underlying stock price, allowing crypto traders to speculate on ASML's performance without a traditional brokerage account.

What Happened?

On June 26, 2026, Bybit announced the addition of the ASMLUSDT perpetual contract to its futures lineup. The contract supports up to 25x leverage and is available for trading immediately. This follows a series of price spikes across other exchanges: Binance Futures saw a 5.01% 1-day spike on June 24, while Gate Futures recorded a 6.78% 12-hour spike on the same day. However, a -5.98% 1-day drop occurred on June 23, highlighting the asset's volatility.

ASML's tokenized price currently sits around $1,802 (as of the listing announcement), reflecting the underlying stock's market movements. The contract is settled in USDT, enabling seamless integration with existing crypto portfolios.

Tokenized Stock Context

ASML is part of a growing trend of tokenized stocks—real-world assets (RWAs) represented on blockchain networks. Multiple platforms offer ASML exposure:

• Ondo Tokenized (ASMLon) on Ethereum: $1,267.26 per token, with 237 holders.
• Crypto.com: $1,929.00 per token.
• CoinMarketCap & CoinGecko: Track live prices from various markets.

These tokenized versions allow 24/7 trading, peer-to-peer transfers, and integration with DeFi protocols—features unavailable in traditional stock markets.

Token Snapshot

Note: The token metadata shows a 24h decline of -2.59%, but recent price alerts indicate short-term volatility with both spikes and drops across exchanges.

Risk Considerations

Trading tokenized stocks carries unique risks:

• Leverage amplifies losses: 25x leverage can liquidate positions quickly.
• Price divergence: Tokenized prices may deviate from the underlying stock due to liquidity or oracle issues.
• Regulatory uncertainty: Tokenized equities face evolving regulations globally.
• Market hours: Some platforms restrict trading to traditional market hours (e.g., MetaMask's 24/5 schedule).

Always conduct your own research and never risk more than you can afford to lose.

Where to Trade

You can trade the ASMLUSDT perpetual contract directly on Bybit. For automated strategies and signals, consider using our trading bot:

Trade with our bot

This article is for informational purposes only and does not constitute financial advice.